Business Reporter: Making corporate governance fit for the future

Why boards should adopt an innovative, value-based, insight-driven operational framework

LONDON, UNITED KINGDOM, March 14, 2025 /EINPresswire.com/ -- In an article published on Business Reporter, Babur Mirza, Global Head of Sales at Sherpany explains why governance needs to be rethought. For organisations to prosper in the future, boardroom processes and frameworks need to be overhauled to meet the demands of a business environment dominated by rapid technological progress, geopolitical disruptions and societal shifts. In this new approach to governance, execs need to adopt a bold mindset driven by innovation and forward-looking strategies that can identify both growth opportunities and risks proactively. In the new governance paradigm, AI-driven technology will play a key role in decision making and gaining insights, while supply chain and cybersecurity related risks are mitigated through strategic resilience building.

This new approach to governance also involves a review of the purpose and structure of board meetings. Instead of rigid structures and quarterly meetings, boards need forward-looking agendas and a continuous exchange of ideas leveraging collaborative digital platforms that enable fast decisions based on real time insights. Boards should also make the most of state-of-the-art technologies such as NLP and predictive analytics to understand shifting market trends and flag new emerging risks. Inclusivity remains an important factor in the successful operation of boards — including not only demographic but also cognitive and experiential diversity. The board of the future should also have an understanding of the interdependencies between the business organisation and society, which they can deepen by incorporating ESG (Environmental, Social, Governance) outcomes and stakeholder satisfaction among the metrics they are continuously monitoring.

To learn more about how a business can harness technology to improve its decision-making processes and create a culture of innovation, trust and accountability, read the article.

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Business Reporter is an award-winning company producing supplements published in The Guardian and City AM, as well as content published on Business Reporter online hubs on Bloomberg.com, Independent.com, Business Insider Germany and Le Figaro, delivering news and analysis on issues affecting the international business community. It also hosts conferences, debates, breakfast meetings and exclusive summits.

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About Sherpany

Sherpany is a leading Swiss meeting management solution designed to meet the unique needs of board and executive meetings. Sherpany streamlines the entire meeting process — from preparation and asynchronous collaboration to follow-up — making meetings more productive and enhancing organisational performance as a result.

https://www.sherpany.com/

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